An eye infection has shelved NBC broadcaster Bob Costas, as his blurry and sensitive eyes have made it impossible for him to complete his hosting duties, he announced Tuesday. NBC announced that Matt Lauer would replace Costas on the network's primetime and late-night Olympics broadcasts.

Few media empires last forever, especially those built around a mega-personality or founded on print media and daytime TV - and so Martha Stewart Living Omnimedia finds itself close to be being acquired by Sequential Brands Group.

The Federal Communications Commission wants to bring the hammer down on AT&T, saying it will fine the telecommunications giant $100 million (the largest proposed fine in FCC history) for allegedly deceiving customers about unlimited wireless data plans.

The woman who resigned as head of an NAACP chapter after her parents said she is white said in a TV interview that she started identifying as black around age 5 and “takes exception” to the contention that she tried to deceive people.